NBA trade tracker: Bucks land Jrue Holiday, Bogdan Bogdanovic; Knicks deal for Jazz’s first-round draft pick

NBA trade tracker: Bucks land Jrue Holiday, Bogdan Bogdanovic; Knicks deal for Jazz's first-round draft pick

Here are the latest trades around the league as the NBA offseason officially begins (TC) (NYSE:TC) traded up 7% during trading on Tuesday . The stock traded as high as $3.10 and last traded at $2.91. 128,846 shares were traded during mid-day trading, an increase of 171% from the average session volume of 47,505 shares. The stock had previously closed at $2.72. The company’s fifty day moving average price […] Tuesday November 17, 2020: COMPLIMENTARY WEBINAR | “Botticelli, Leonardo, Michelangelo, and the Antique”… Top 5 most bullish stock picks for this week and top 5 most bearish ones. Simplicity and performance.

The NBA’s offseason will be moving at a lightning speed this time around as the league has to fit the draft, free agency, training camp and the preseason all before the regular season tips off on Dec. 22. The NBA Draft is right around the corner on Nov. 18, with free agency starting two days after on Nov. 20. While the free agency market won’t be as robust this offseason as teams prepare for bigger names to become available in 2021, the trade market is expected to be incredibly active. 

Now that the transaction moratorium has lifted around the league, trades can now be made official, and teams are starting to deal players and picks to better position themselves for the upcoming season. Here are the latest trades that have been reported around the league.

New York acquired a higher pick in the first around to go along with its No. 8 overall pick in Wednesday’s draft, per ESPN’s Adrian Wojnarowski. The Jazz have also sent the draft rights of 2008 second-round pick Ante Tomic, who isn’t expected to play in the NBA. It’s unclear what New York’s plan is for its newly acquired pick in the draft, perhaps it could be part of a larger trade package prior or during Wednesday night’s draft. 

Bogdan Bogdanovic, 28, will join the Bucks on a new contract, the terms of which have yet to be reported. Milwaukee will also receive wing Justin James in the deal.

With this move and the Jrue Holiday deal announced earlier, the Bucks have made their big splash. Bogdanovic has seemed like a logical target since they elected not to re-sign Malcolm Brogdon last summer, as he brings an appealing combination of shooting and playmaking to a roster in need of both. Milwaukee was short on creators even when it had Brogdon, and Bogdanovic will add some juice to an offense that was nearly unstoppable in the regular season but could get stagnant come playoff time. 

Jrue Holiday, 30, is one of the league’s best defenders and one of the top players on the trade market. He is one of the few guards in the league who does not represent a downgrade from Eric Bledsoe when it comes to perimeter defense, and his size makes him more versatile. More importantly, Holiday is a massive upgrade on the other end of the court. For two straight seasons, Milwaukee’s dominant regular-season offense has looked stilted and predictable against elite playoff defenses. It needed more playmaking, and Holiday provides just that, while only strengthening its defense-first identity. Last season, he averaged 19.1 points, 6.7 assists and 4.8 rebounds for the Pelicans.

Hill was one of the league’s better reserves last season, and the Bucks have sacrificed some depth in trading two rotation players for one. That is a problem for the front office to solve as the offseason moves forward, as is the need for more shooting. Holiday is a decent but not great spot-up shooter, which is par for the course on this Milwaukee roster. Hill was an exception to that — he made an extraordinary 46 percent of his threes last season.

Robert Covington will be a welcome addition for the Blazers, who lacked wing depth all of last season after the departure of Al-Farouq Aminu and Moe Harkless. The prototypical modern NBA 3-and-D wing, the 6-7 Covington is a 36 percent career 3-point shooter who should be able to space the floor for Damian Lillard and CJ McCollum in a Portland offense that finished third in efficiency last season at 113.2 points per 100 possessions.

The Rockets reacquire Ariza, who averaged 12.2 points, 5.1 rebounds and 1.8 steals while shooting 36 percent from the 3-point arc in four seasons with Houston from 2014-2018. Ariza might not want to look into Houston real estate just yet, however. If the Rockets are truly committing to a rebuild, he’s a strong candidate to be flipped to a contender given his championship experience.

Phoenix has positioned itself as a team that could fight for playoff positioning next season after acquiring Chris Paul from the Thunder in exchange for Kelly Oubre Jr., Ricky Rubio, Ty Jerome and Jalen Lecque, per The Athletic’s Shams Charania. Paul will be reunited with head coach Monty Williams, who coached him in his early days with New Orleans. The veteran guard will provide the Suns with leadership they desperately needed. With Paul installed as the starting point guard, it will take some of the offensive load off Devin Booker, who may finally be able to realize his full potential under Paul’s guidance.

For the Thunder, this is the second trade the franchise has executed so far in the offseason, but this time, the return of Oubre, Rubio, Jerome and Lecque gives them young pieces for the future. 

After being crowned champions inside the NBA bubble, the Lakers are already making moves to ensure they can defend their crown for the 2020-21 season. According to ESPN’s Adrian Wojnarowski, Los Angeles is sending Danny Green and the 28th overall pick in the 2020 NBA Draft for Dennis Schroder. The veteran guard gives L.A. another player who can create for himself, which should help strengthen the bench when LeBron James and Anthony Davis need a rest. It also shores up the Lakers backcourt if they don’t re-sign Rajon Rondo, who reportedly opted out of his $2.6 million player option for next season, making him an unrestricted free agent. Schroder’s deal expires after this upcoming season, so it also allows L.A. to be flexible for 2021. 

For the Thunder, moving Schroder signals that this team is going full rebuild heading into the 2020-21 season. Getting back a first-round pick just adds to the stockpile of draft selections that OKC has accumulated over the last two years, and the Thunder can now also flip Green to a different contending team for another draft pick, or perhaps a young prospect. 

The Nets reportedly like the defensive toughness that Bruce Brown can bring to their squad, while the Pistons will be getting Dzanan Musa, who was selected 29th overall in the 2018 NBA Draft, per Wojnarowski. Musa never found his footing in the Nets organization, but will get more opportunity to prove himself with a Detroit team that is in the process of a rebuild. 

Source: www.cbssports.com

Author: Jasmyn Wimbish


(TC) (NYSE:TC) Trading 7% Higher

(TC) (NYSE:TC) Trading 7% Higher

(TC) logo(TC) (NYSE:TC) traded up 7% during trading on Tuesday . The stock traded as high as $3.10 and last traded at $2.91. 128,846 shares were traded during mid-day trading, an increase of 171% from the average session volume of 47,505 shares. The stock had previously closed at $2.72.

The company’s fifty day moving average price is $2.15 and its 200 day moving average price is $1.59.

(TC) (NYSE:TC) last announced its earnings results on Friday, September 18th. The company reported ($0.28) EPS for the quarter. The company had revenue of $7.75 million during the quarter.

TuanChe Limited, through with its subsidiaries, operates as an omni-channel automotive marketplace in China. It organizes auto shows and group-purchase events that attract various consumers; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction.

Receive News & Ratings for (TC) Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for (TC) and related companies with MarketBeat.com’s FREE daily email newsletter.

Source: www.americanbankingnews.com

Author: ABMN Staff


Local Event: COMPLIMENTARY WEBINAR Botticelli, Leonardo, Michelangelo, …

Local Event: COMPLIMENTARY WEBINAR Botticelli, Leonardo, Michelangelo, …

Skip to main content

This post was contributed by a community member. The views expressed here are the author’s own.

During the Renaissance, the importance of an art collection was not based on the quality and quantity of contemporary works that a collector possessed, but was instead based on ancient works, or antiques. Of course, those contemporary works were by artists of the caliber of Donatello, Botticelli, Leonardo, and Raphael, just to name a few. This free webinar will explore the relationship between ancient Greco-Roman art and the then contemporary Renaissance artists Botticelli, Leonardo Da Vinci and Michelangelo; and how three distinct antiques – the Medici Venus, the Equestrian Statue of Marcus Aurelius, and the Laocoön – each became the inspiration for respective Renaissance masterpieces – the Birth of Venus, the never-realized Equestrian monument of Francesco Sforza, and the Doni Tondo.

The webinar will include a 45-minute lecture followed by 15-minutes of Q&A.

To register, please click the event page URL under Event Details. This will take you to our website to register for the webinar. After registering, you will receive an invitation 1 day prior to the webinar, and a reminder 30 minutes prior to the webinar.

Please note that space is limited for this lecture

Local Thanksgiving dinners, brought to your door

EXCLUSIVE WEBINAR | “The Search for the Lost Leonardo”

Virtual Event: Frederick Douglass in Newport

FREE WEBINAR | Rome: Vatican Museums Part V

Run/Walk For Kids' Cancer

Lindsey Epstein Pottery Trunk Show Opening Celebration

Source: patch.com

Author: Added by George Maxted


Stock Picks for This Week - Top 5 Long & 5 Short Stocks

Stock Picks for This Week – Top 5 Long & 5 Short Stocks

The S&P 500 index has gained 0.80% between October 28 and November 3. In the same period of time our five long and five short stock picks have gained 0.24%. So stock picks were relatively slightly weaker than the broad stock market. Our long stock picks have gained 3.90%. However, short stock picks have resulted in a loss of 3.42%.

There are risks that couldn’t be avoided in trading. Hence the need for proper money management and a relatively diversified stock portfolio. This is especially important if trading on a time basis – without using stop-loss/ profit target levels. We are just buying or selling stocks at open on Wednesday and selling or buying them back at close on the next Tuesday.

If stocks were in a prolonged downtrend, being able to profit anyway, would be extremely valuable. Of course, it’s not the point of our Stock Pick Updates to forecast where the general stock market is likely to move, but rather to provide you with stocks that are likely to generate profits regardless of what the S&P does.

This means that our overall stock-picking performance can be summarized on the chart below. The assumptions are: starting with $100k, no leverage used. The data before Dec 24, 2019 comes from our internal tests and data after that can be verified by individual Stock Pick Updates posted on our website.

Below we include statistics and the details of our three recent updates:

  • November 3, 2020

Long Picks (October 28 open – November 3 close % change): D (+2.09%), FB (-4.84%), WYNN (+5.46%), BKR (+15.24%), ARE (+1.53%)
Short Picks (October 28 open – November 3 close % change): PXD (+1.27%), DRE (+8.66%), ITW (+7.09%), CMS (+0.72%), CMCSA (-0.63%)

Average long result: +3.90%, average short result: -3.42%
Total profit (average): +0.24%

  • October 27, 2020

Long Picks (October 21 open – October 27 close % change): PPL (+1.96%), WDC (-3.40%), WYNN (-0.25%), XOM (-2.06%), LIN (-3.02%)
Short Picks (October 21 open – October 27 close % change): WMB (-1.12%), SHW (-0.23%), TROW (-2.61%), WEC (+1.63%), NVDA (-1.68%)

Average long result: -1.35%, average short result: +0.80%
Total profit (average): -0.27%

  • October 20, 2020

Long Picks (October 14 open – October 20 close % change): CSCO (-1.63%), NI (+2.03%), CMG (+1.38%), XOM (-1.06%), SHW (-3.41%)
Short Picks (October 14 open – October 20 close % change): WMB (+1.33%), APD (-1.83%), JPM (+0.07%), NVDA (-4.51%), WEC (+1.47%)

Average long result: -0.54%, average short result: +0.69%
Total profit (average): +0.08%

Let’s check which stocks could magnify S&P’s gains in case it rallies, and which stocks would be likely to decline the most if S&P plunges. Here are our stock picks for the Wednesday, November 4 – Tuesday, November 10 period.

We will assume the following: the stocks will be bought or sold short on the opening of today’s trading session (November 4) and sold or bought back on the closing of the next Tuesday’s trading session (November 10).

We will provide stock trading ideas based on our in-depth technical and fundamental analysis, but since the main point of this publication is to provide the top 5 long and top 5 short candidates (our opinion, not an investment advice) for this week, we will focus solely on the technicals. The latter are simply more useful in case of short-term trades.

First, we will take a look at the recent performance by sector. It may show us which sector is likely to perform best in the near future and which sector is likely to lag. Then, we will select our buy and sell stock picks.

There are eleven stock market sectors: Energy, Materials, Industrials, Consumer Discretionary, Consumer Staples, Health Care, Financials, Technology, Communications Services, Utilities and Real Estate. They are further divided into industries, but we will just stick with these main sectors of the stock market.

We will analyze them and their relative performance by looking at the Select Sector SPDR ETF’s.

The stock market sector analysis is available to our subscribers only.

Based on the above, we decided to choose our stock picks for the next week. We will choose our top 3 long and top 3 short candidates using trend-following approach, and top 2 long and top 2 short candidates using contrarian approach:

Trend-following approach:

  • buys: 1 x Utilities, 1 x Materials, 1 x Industrials
  • sells: 1 x Technology, 1 x Consumer Discretionary, 1 x Real Estate

Contrarian approach (betting against the recent trend):

  • buys: 1 x Technology, 1 x Consumer Discretionary
  • sells: 1 x Utilities, 1 x Materials

Trend-following approach

Top 3 Buy Candidates

PEG Public Service Enterprise – Utilities

  • Stock remains above month-long upward trend line – uptrend continuation play
  • The resistance level of $62 and support level of $57

IFF Intl Flavors & Fragrances – Materials

  • Short-term uptrend continuation play and a possible breakout about downward trend line
  • The resistance level of $114
  • The support level remains at $100

LMT Lockheed Martin Corp. – Industrials

  • Stock broke above downward trend line, possible short-term uptrend continuation
  • The resistance level is at $365-375
  • The support level is at $350

Summing up, the above trend-following long stock picks are just a part of our whole Stock Pick Update. The Utilities, Materials XLB and Industrials sectors were relatively the strongest in the last 30 days. So that part of our ten long and short stock picks is meant to outperform in the coming days if the broad stock market acts similarly as it did before.

We hope you enjoyed reading the above free analysis, and we encourage you to read today’s Stock Pick Update – this analysis’ full version. There, we include the stock market sector analysis for the past month and remaining long and short stock picks for the next week. There’s no risk in subscribing right away, because there’s a 30-day money back guarantee for all our products, so we encourage you to subscribe today.

Thank you.

Paul Rejczak
Stock Trading Strategist
Sunshine Profits – Effective Investments through Diligence and Care

Source: www.sunshineprofits.com


NBA trade tracker: Bucks land Jrue Holiday, Bogdan Bogdanovic; Knicks deal for Jazz's first-round draft pick


Leave a Comment